Brief: Aspo Unit Divests Bakery Equipment Trading Business

Aspo Oyj

23/10/2023 07:52

Oct 23 (Reuters) - Aspo Oyj  ASPO.HE :
    * ASPO’S SUBSIDIARY LEIPURIN DIVESTS ITS BAKERY EQUIPMENT
TRADING
BUSINESS
    * SUBSIDIARY LEIPURIN HAS SIGNED AGREEMENT FOR SALE OF ITS
BAKERY
EQUIPMENT TRADING BUSINESS TO ORAT OY
    * TRANSACTION PRICE IS APPROXIMATELY EUR 500 THOUSAND AND
INCLUDES
BUSINESS AND RELATED INVENTORY
    * CLOSING OF TRANSACTION REQUIRES CERTAIN APPROVALS OF
BUSINESS
PARTNERS, IS EXPECTED TO TAKE PLACE BY END OF YEAR
    * TRANSACTION WILL NOT HAVE SIGNIFICANT IMPACT ON CO'S
EARNINGS

Source text for Eikon:  ID:nGNE63xj12 
Further company coverage:  ASPO.HE 

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